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<speak> Significance of IAM in cloud governance<break time="500ms"/> According to Gartner, <break time="100ms"/> global expenditure by end-users on public cloud services is expected to increase by 21.7 percent, <break time="100ms"/>reaching a total of USD 597.3 billion in 2023, <break time="100ms"/>compared to the USD 491 billion recorded in 2022 . <break time="50ms"/>Further, <break time="100ms"/>Gartner indicates that 75 percent of organizations by 2026 will embrace a digital transformation approach based on cloud as its core foundational platform. <break time="100ms"/>Such trends will further drive the growth in the Cloud Management and Security Services segment,<break time="100ms"/> reaching USD 42.4 billion in 2023, <break time="100ms"/>up from USD 34.4 billion in 2022. <break time="100ms"/>As indicated by the above figures, <break time="100ms"/>with organizations increasingly adopting cloud computing,<break time="100ms"/> the complexity of managing user access to various services, <break time="100ms"/>applications, <break time="100ms"/>and data also increase, <break time="100ms"/>necessitating the implementation of a robust I-A-M solution. <break time="100ms"/>I-A-M not only fortifies the cloud environment against unauthorized access but also empowers organizations to implement complex access scenarios through granular control.<break time="100ms"/> I-A-M also helps to prevent unauthorized access, <break time="100ms"/>data breaches, <break time="100ms"/>and other security incidents, <break time="100ms"/>along with ensuring compliance with security policies and regulations. </speak>